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Meanwhile S&P 500 is also failing: https://www.google.com/finance?q=INDEXSP:.INX https://www.google.com/finance?q=INDEXSP:.INX 46 days ago, I suggested that Ch
by jakozaur 11y ago
Meanwhile S&P 500 is also failing:
https://www.google.com/finance?q=INDEXSP:.INX https://www.google.com/finance?q=INDEXSP:.INX
46 days ago, I suggested that China slowdown may have global impact:
https://news.ycombinator.com/item?id=9851214 https://news.ycombinator.com/item?id=9851214
I'm glad that I sold my stock ETFs.
- reddytowns 11y agoThe S&P 500 is poised to drop another 2%. Check out the futures market: http://www.sgxniftydowfutureslive.com/index_files/DOWFUTURES.htm http://www.sgxniftydowfutureslive.com/index_files/DOWFUTURES...
- ctolsen 11y agoNot suggesting that you're wrong, only that you're lucky: there is always a risk that things go in any direction. If you're in it for the long haul, selling your ETFs a month ago isn't necessarily the best thing to do – at least by virtue of allowing yourself to sell your stocks when you feel it's the right time, which is mostly going to be dead wrong. And selling them today is certainly a terrible idea.
- ThomPete 11y agoThere are no prodigies in trading, only bull and bear markets :)
- joshuahedlund 11y agoDon't be too glad unless you also manage to buy back in before it recovers past the level you sold.